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Which is true regarding long-term capital gains? Multiple Choice A net long-term gain can be taxed at 28%,25%,20%,15%, or 0%, depending on the type of
Which is true regarding long-term capital gains? Multiple Choice A net long-term gain can be taxed at 28%,25%,20%,15%, or 0%, depending on the type of gain generated. A net long-term loss can be offset against a long-term gain, and if there is a resulting long-term gain, it is taxed at regular rates. A long-term loss can offset a long-term gain only if the netting result produces a loss of more than $3,000. A net long-term gain can offset a short-term gain but not a short-term loss
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